Lessor the sum of (i) the Stipulated Loss Value as set forth in Annex F calculated as of the Rent
Payment Date prior to such Casualty Occurrence; and (ii) all Rent and other amounts which are due
under this Lease as of the Payment Date. In the event Lessor receives insurance proceeds after
receipt in full of the amounts set forth in clause (i) and (ii) in the foregoing sentence, Lessor
shall refund to Lessee the all amounts received from Lessee in respect of Stipulated Loss Value up
to the amount of the insurance proceeds Lessor actually received. Upon payment of all sums due
hereunder, the Term of this Lease as to the Aircraft shall terminate and Lessee shall have no
further right to use or operate the Aircraft.